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GBPNZD analysis 01.06.2020

The 1.9770 support level is holding back sellers. Probably an ascending wave M30 level pattern is formed, where the B wave has a truncated under the wave C (the descending M15 level pattern). 

Trading recommendations:

Buy when an ascending pattern is formed, where the wave (as) breaks through the …

EURUSD technical analysis 29.05.2020

The pair is trading above 1.1070 amid the finally emerging certainty of the EU economic recovery plans. The decision to create a multibillion dollar bailout fund supports EUR. An additional stimulus for the pair’s growth is the weaker interest in the US dollar as a safe haven currency, as …

AUDUSD analysis 29.05.2020

The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, promising to repel quarterly gains against the US dollar after the developments and economic data that it followed on the Australian economy and on the cusp of developments and economic data expected on Friday …

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